Malaga players to be made redundant as Spanish side fight for survival
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Malaga players to be made redundant as Spanish side fight for survival

Spanish LaLiga 2 side Malaga have announced that they will likely be making first-team players redundant as part of drastic efforts to cut costs and avoid the risk of liquidation.

Back in May, Malaga decided to terminate/suspend the staffs' contracts but no players affected amid the coronavirus crisis.

On Monday, the club issued a statement to confirm that their latest cost-cutting measures "will directly affect the squad of the men's first team".

"This new restructuring combines with the economic plan that seeks to bring the club out of the complicated financial situation in which it continues to be immersed, despite recent efforts," Malaga said.

"Malaga Club de Futbol is obliged to take this step for the good of the club and hopes Malaguista fans and members understand and support this new effort, the sole objective of which is to create an acceptable and competitive structure with which to give back Malaga Club de Futbol its lost hope."

The statement was, however, unclear on how many players are likely to be released.

Malaga, who were Champions League quarter-finalists seven years ago, finished 14th in the Segunda Division last season.